Hussain Sajwani grew up to entrepreneur parents which got him acquainted with a certain lifestyle. It is no surprise that he himself ended up being a great entrepreneur as an adult. Sajwani is the Founder and Chairman of his very own real estate company by the name of DAMAC group in Dubai. Hussain born in 1954, grew up in a middle-class family that was really big on being a cohesive family and sticking together. His father owned and ran a store throughout the day, selling watches and pens, while his mother worked by selling goods, as well as, fabrics to women around the neighborhood.
It was not right away that Hussain Sajwani knew that he wanted to be a businessman, as he first started out by attending college and going to medical school on a scholarship. However, he soon discovered that his heart was not in it and did not finish the program. This leads to the point where Hussain decided to start his company in 2002. Sajwani decided to try something different in the real estate sector by using the new government decree that was in Dubai that gave foreigners the right to own real estate in the country.
With Dubai being a prime market for real estate, of course, there were tons of investors that wanted to buy and they were basically beating Hussain Sajwani and DAMAC’s door down. This caught on like wildfire and turned into an empire getting the DAMAC on the London Stock exchange by the year 2013. For anyone that is wondering what type of properties the DAMAC group works with, just know that they work with some of the largest names helping them to develop their luxury properties. In 2013 DAMAC group actually, begin to work with the product of Donald Trump‘s, a well known real estate mogul in the United States. In 2017 Trump’s International Golf Course was finally done.
Hussain Sajwain should be thoroughly proud of his accomplishments, considering he is one of the most world-renowned real estate developers in the middle east. His current net worth is said to be close to $4 billion dollars.